2020 BOB to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BOB to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BOB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 212.5345. Conversely, the yearly low was recorded on June 29, dropping to 171.9649.
This high-to-low spread represents a total annual volatility of 40.5696 IQD. From a start-to-finish perspective, comparing the January average rate of 172.3809 to the December average rate of 182.9663, the exchange rate registered a net change of 6.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 212.5345 was up 22.49% compared to the 2019 peak of 173.5123, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BOB to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 172.5630, compared to 174.3849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8219 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 40.1294 IQD (High: 212.5345 / Low: 172.4051). On the other end, February was the most stable month, with a tight range of 0.6419 IQD (High: 172.6405 / Low: 171.9986).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2097 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 182.9663) against the same month in 2019 (average: 172.3685), the exchange rate shifted by +10.5978 (+6.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 172.8911 | 172.0543 | 172.3809 |
| February | 172.6405 | 171.9986 | 172.3203 |
| March | 174.3080 | 172.1681 | 172.9415 |
| April | 174.1566 | 172.2983 | 172.7436 |
| May | 173.3926 | 172.1255 | 172.5861 |
| June | 172.7672 | 171.9649 | 172.4054 |
| July | 173.0196 | 172.0931 | 172.5622 |
| August | 173.4972 | 172.1381 | 172.8216 |
| September | 173.1423 | 172.3081 | 172.6119 |
| October | 173.4096 | 172.1256 | 172.5978 |
| November | 173.1649 | 172.2883 | 172.7495 |
| December | 212.5345 | 172.4051 | 182.9663 |